Bond Trader
MUFG · Seoul, South Korea · 4mo ago
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Purpose of the role
Provide professional trading services to all clients, develop and maintain business with the existing and new clients by partnering with sales to achieve the Bank’s revenue target.
Execute for the best interests of the Bank and its clients.
Perform any ad-hoc tasks assigned by management.
Job Responsibilities:
Complete the set-up of bond trading desk and lead the overall bond business of MUFG Seoul branch in the long term
Take active trading positions in KTB, MSB and other Korean won bonds
Generate PnL through various trading strategies across the KRW curve
Manage risk exposures within approved limits, with a strong focus on drawdown control
Identify and execute proprietary trading opportunities based on macro views and flow dynamics
Monitor macroeconomic developments, central bank policy and local market issues
Collaborate with Sales and regional trading teams while maintaining a primary focus on trading performance
Ensure strict adherence to internal risk controls, compliance standards, and governance frameworks
Balance the risk and opportunities to meet individual target, manage own trading position, aligning with MUFG value, provide good service/pricing to clients and make use of the flow to generate revenue for the Bank.
Demonstrate professionalism and maintain respectful and collaborative environment with colleagues and stakeholders
Maintain good working knowledge of industry trends, products, relevant laws and regulations
Job Requirements:
Up to 7 years of experience in Korean bond trading with demonstrable PnL track record
Strong understanding of Korean bond markets, curve dynamics and relative value trading
Proven ability to take and manage risk in a disciplined and controlled manner
Strong analytical skills with a clear trading framework and market view formation
Strong team player with a collaborative mindset and ability to work effectively across functions
Effective communication skills in Korean and English
Bachelor’s degree in Finance, Economics, Engineering, or related field
Experience in proprietary or risk-taking roles within banks or securities firms
Hands-on experience managing Bond FRA positions
We regret to inform that only shortlisted applicants will be notified.
Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.